(a) The use of a certificate of insurance form that:(1) is unfair, misleading, or deceptive; or(2) violates any law;is an unfair and deceptive act or practice in the business of insurance under IC 27-4-1-4.(b) If:(1) the commissioner has reason to believe that a certificate of insurance form is described in subsection (a)(1) or (a)(2); and(2) the certificate of insurance form was provided by a financial institution;the commissioner may refer the matter to the department of financial institutions for review under IC 28.As added by P.L.70-2013, SEC.1.
Indiana Legal Code